International Rice Price at Rp 5460.8 per Kg (Tuesday, January 9, 2024)

International unhusked rice prices on Tuesday, January 9, 2024, saw an increase compared to the previous day. Daily transactions for two-month forward contracts were traded at USD 17.595 million. Converted to Indonesian Rupiah (IDR), this is equivalent to Rp 5,460.8 per kg. This price is calculated based on the Bank Indonesia exchange rate of Rp 15,518 per US dollar.

Katadata Insight Center (KIC) calculations, based on historical data from investing.com, show that the average unhusked rice price over the last week was USD 17.25 million. This average price is down compared to the previous week, which was recorded at USD 17.29 million.

Meanwhile, the monthly price of unhusked rice has shown an upward trend over the past 30 days. The average price for January is recorded at USD 17.24 million, up 0.58 percent compared to the previous month, which was at USD 17.14 million. The highest average monthly unhusked rice price in the last 12 months was recorded in June 2023.